240 Parker Hill Ave Boston MA 02120 MLS #73224019

240 Parker Hill Ave
Boston, MA, 02120
$1,795,000
8 Beds
4 Baths
2,851 SqFt
0.09 Acres
Open House May 04, 2024
01:00 – 02:00
Prime Investment Opportunity in Mission Hill: Step into the vibrant Mission Hill real estate market with this fully renovated 2-family gem. Each unit exudes modern elegance with hardwood floors, granite countertops, and stainless steel appliances. The first-floor apartment offers 4 beds/2 baths with convenient rear access to parking, while the second unit spans two levels, featuring another 4 beds/2 baths and a charming 3rd-floor bonus space. Strategically situated across from McLaughlin Park and within close proximity to Longwood Medical, Northeastern, and other universities, as well as the Green D-Line, this property boasts unmatched convenience and desirability. With abundant basement storage, additional income from coin-op laundry and parking, and a projected rent roll of $9,775/month starting on 9/1, this turnkey investment promises a solid return on investment. Seize the opportunity to own a piece of this highly sought-after community today.

Property Details

Price:
$1,795,000
MLS #:
73224019
Status:
Active
Beds:
8
Baths:
4
Address:
240 Parker Hill Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Boston
Listed Date:
Apr 15, 2024
State:
MA
Finished Sq Ft:
2,851
ZIP:
02120
Lot Size:
3,725 sqft / 0.09 acres (approx)
Year Built:
1930
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Schools

Interior

Bathrooms
4 Full Bathrooms
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/ Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T- Station, University
Construction Materials
Frame
Other Structures
Shed(s)
Parking Features
Paved Drive, Shared Driveway, Off Street, On Street
Parking Spots
1
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$116,875
Tax Year
2024
Taxes
$16,985

Map

Community

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